One of communities’ main demands is the hiring of local labor. Ecopetrol (NYSE: ECP) reported figures for the number of jobs created during the first quarter of this year and locals represented the majority in these new positions.
Tourists found a dark spot in Coveñas, and although environmental authorities visited the area and confirmed that it was not an oil spill, local tourism and animals were affected by the issue. The development of these and more stories in our periodic Eco summary.
The Ministry of Mines and Energy (MinMinas) and the National Hydrocarbons Agency (ANH) analyzed the industry’s results for last year.
German Arce, Minister of Mines and Energy (MinMinas) announced progress on the Tax Refund Certificate (CERT). He highlighted that companies of the extractive sector are very interested in this issue.
Ecopetrol (NYSE: EC) and Equion stood out for their successful CSR projects that benefited communities in the departments of Casanare and Meta, among others. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
Geopark Limited (NYSE: GPRK) announced its financial results for the first quarter 2018. The company reported production gains in its consolidated operation and in Colombia. The country keeps increasing its participation in this key metric.
Environmental lawyer Rodrigo Negrete spoke about the current situation of popular consultations in Colombia, and about the recent judicial decisions that could jeopardize them.
Luis Fernando Mejía, Director of the National Planning Department (DNP), spoke about the General System of Royalties (SGR). He answered the Comptroller General’s concerns.
Representatives of Frontera Energy, Mansarovar Energy and Gran Tierra Energy (TSX: GTE) spoke about their efforts to protect biodiversity in their fields and preserve Colombia’s natural resources.
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